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MTB offers CMSME loan at 4pc interest rate

Business Desk | Published: 22:41, Apr 17,2021

 
 

Mutual Trust Bank has recently signed an agreement with SME Foundation to disburse stimulus loan arranged by the government, said a press release.

Under the agreement, the loan will be disbursed at 4 per cent interest rate among rural and marginal cottage, micro, small and medium entrepreneurs with special focus on women entrepreneurs, clusters and value chain with a view to elevating their life standard and accelerating the recovery from losses incurred due to the COVID 19 outbreak.

SME Foundation managing director Md Mofizur Rahman and Mutual Trust Bank managing director and CEO Syed Mahbubur Rahman signed the agreement on behalf of their respective organiations. 

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